Global 3D Printed Surgical Models Market, By Technology (Stereolithography (SLA), ColorJet Printing (CJP), MultiJet/PolyJet Printing, Fused Deposition Modeling (FDM), Others), Material (Metal, Polymer, Plastic, Others), Speciality (Cardiac Surgery, Gastroenterology Endoscopy of Esophagus, Neurosurgery, Orthopedic Surgery, Reconstructive Surgery, Surgical Oncology, Transplant Surgery) – Industry Trends and Forecast to 2029
Market Analysis and Size
The 3D printing technology across healthcare industry gained immense popularity in past years with its 3D printed surgical models. The 3D surgical models are assisting surgeons around the world in accurately testing intended implants prior to surgery. A decline in the time consumed in surgical procedures has been witnessed with the use of these innovative models resulting in substantial reductions in operating room costs.
Global 3D Printed Surgical Models Market was valued at USD 259.82 million in 2021 and is expected to reach USD 611.83 million by 2029, registering a CAGR of 11.30% during the forecast period of 2022-2029. Orthopaedic Surgery accounts for the largest speciality segment in the respective market owing to the rise in prevalence and incidence of orthopaedic disorders. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Surgical models refer to the type of models that are generally utilized for planning the surgery to improve post-surgery outcomes. They are also utilized in planning interventions for the treatment of hypoplastic left heart syndrome. 3D printed surgical models assist in educating young surgeons regarding tactile and three-dimensional inspection of the tissues along with various parts of body.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (Stereolithography (SLA), ColorJet Printing (CJP), MultiJet/PolyJet Printing, Fused Deposition Modeling (FDM), Others), Material (Metal, Polymer, Plastic, Others), Speciality (Cardiac Surgery, Gastroenterology Endoscopy of Esophagus, Neurosurgery, Orthopedic Surgery, Reconstructive Surgery, Surgical Oncology, Transplant Surgery)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Stratasys Ltd. (Israel), 3D Systems, Inc. (US), Osteo3d (India), Lazarus 3D (US), Axial3D (UK), Onkos Surgical (US), 3D LifePrints UK Ltd. Formlabs (US), Materialise (Belgium), and WhiteClouds (US), GPI Prototype & Manufacturing Services (US), ENVISIONTEC US LLC (US), Graft3D Health Care Solutions Pvt. Ltd. (India), RAPIDMADE, INC., (US), Organovo Holdings Inc. (US), Aspect Biosystems Ltd. (Canada), CYFUSE BIOMEDICAL K.K. (Japan), and 3D Bioprinting Solutions (Russia), among others.
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Market Opportunities
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Rising number of product launches in the high-strength sector
Use of 3d printed surgical models in endovascular aneurysm repair
Rising frequency of practically all forms of severe and chronic disorders
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3D Printed Surgical Models Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing number of product launches
One of the important prevailing trends in the market is the rising number of product launches in the high-strength sector, along with the rising acceptance of these 3D printed surgical models across the healthcare sector to meet urgent manufacturing needs.
- Growing incidence of chronic and serious diseases
Due to the rising frequency of practically all forms of severe and chronic disorders, there has been a continual high need for medical imaging in today's modern medical situation. To effectively plan the treatment of various disorders, especially orthopaedic, an effective and technologically sophisticated imaging technology is essential
- Technological advancements
The rising technical improvements in surgical models are a key driving factor that is predicted to contribute significantly to the worldwide market's growth. The introduction of effective medical imaging is one of the technological achievements. Improvements in field strength and computing capability of these models are also part of the technical advancements.
Opportunities
Furthermore, use of 3D printed surgical models in endovascular aneurysm repair extends profitable opportunities for the market players. Also, surge in research and development activities will further expand the market.
Restraints/Challenges
On the other hand, high cost associated with the technology is expected to hinder the magnetic resonance imaging devices market. Also, growing usage of refurbished and recycled equipment is projected to challenge the growth of the market in the forecast period of 2022-2029.
This 3D printed surgical models market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on 3D printed surgical models market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on 3D Printed Surgical Models Market
COVID-19 had a negative impact on the 3D printed surgical models market owing to the supply chain disruptions and COVID-19 restrictions imposed by government. The advent of COVID-19 has hampered MRI demand due to a drop in 3D printed surgical models equipment production. As a result of the COVID-19 epidemic, key players in the market saw a large drop in revenue. The sale of 3D printed surgical models equipment was influenced by the reallocation of healthcare resources, falling patient visits, supply chain interruptions, and other important factors. However, market will resume its growth in the post-pandemic due to the easing in restrictions that were imposed earlier.
Global 3D Printed Surgical Models Market Scope and Market Size
The 3D printed surgical models market is segmented on the basis of technology, material and speciality. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Stereolithography (SLA)
- ColorJet Printing (CJP)
- MultiJet/PolyJet Printing
- Fused Deposition Modeling (FDM)
- Others
Material
- Metal
- Polymer
- Plastic
- Others
Speciality
- Cardiac Surgery
- Gastroenterology Endoscopy of Esophagus
- Neurosurgery
- Orthopedic Surgery
- Reconstructive Surgery
- Surgical Oncology
- Transplant Surgery
3D Printed Surgical Models Market Regional Analysis/Insights
The 3D printed surgical models market is analysed and market size insights and trends are provided by country, technology, material and speciality as referenced above.
The countries covered in the 3D printed surgical models market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the 3D printed surgical models market because of the rise in attainment of purchasing power, large pool of geriatric community, and powerful government support within the region.
Asia-Pacific is expected to show significant amount of growth in the forecast period of 2022 to 2029 because of the accelerating ratio of disposable income and emerging as a most powerful developing economy.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The 3D printed surgical models market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for 3D printed surgical models market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the 3D printed surgical models market. The data is available for historic period 2010-2020.
Competitive Landscape and 3D Printed Surgical Models Market Share Analysis
The 3D printed surgical models market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 3D printed surgical models market.
Some of the major players operating in 3D printed surgical models market are
- Stratasys Ltd. (Israel)
- 3D Systems, Inc. (US)
- Osteo3d (India)
- Lazarus 3D (US)
- Axial3D (UK)
- Onkos Surgical (US)
- 3D LifePrints UK Ltd.
- Formlabs (US)
- Materialise (Belgium)
- WhiteClouds (US)
- GPI Prototype & Manufacturing Services (US)
- ENVISIONTEC US LLC (US)
- Graft3D Health Care Solutions Pvt. Ltd. (India)
- RAPIDMADE, INC., (US)
- Organovo Holdings Inc. (US)
- Aspect Biosystems Ltd. (Canada)
- CYFUSE BIOMEDICAL K.K. (Japan)
- 3D Bioprinting Solutions (Russia)
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